300 Gebhardt Rd Black River Falls, WI 54615
- Commercial real estate
- 1.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 300 Gebhardt Rd
- Lot size
- 1.21 lot acres
- Property type
- Commercial real estate
- APN
- 010-0780-0025
- APU
- 1007800025
Description
This exceptional turnkey opportunity presents Re-Pete's Saloon & Grill, a thriving bar and restaurant located in Black River Falls, Wisconsin. Boasting nearly $1 million in annual gross revenue while operating only 35 hours per week, this establishment offers significant growth potential. Situated on a 1.13-acre lot with two buildings totaling 5,332 square feet of net rentable space, the property underwent a complete renovation in 2021. The spacious and efficient kitchen, coupled with the recently added outdoor dining area, promises increased sales in 2024. The business benefits from a well-established clientele, a dedicated staff, and a proven track record of success. Its prime location on State Highway 27, approximately one mile from I-94, ensures high visibility and accessibility. The area's popularity with tourists, drawn to the Black River and Black River State Forest, as well as the recent addition of ATV/UTV trails, further enhances the business's appeal. All fixtures, furniture, and equipment are mostly new and in excellent working condition, making this a truly turnkey operation. The asking price is $749,900, translating to $140.64 per square foot. This is a rare opportunity to acquire a profitable, established business with substantial growth potential in a desirable location. Don't miss this chance to own a piece of Black River Falls' vibrant community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $220,000
- 7%
- $205,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $190,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $230,000
- Retail
- $185,000
- Mixed-Use
- $245,000
- Hospitality
- $235,000
- Educational
- $215,000
- Residential Income
- $195,000
- Energy
- $180,000
- Income-Based Land
- $240,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Black River Falls
- County
- Jackson
- State
- Wisconsin
- Longitude
- -90.8427
- Latitude
- 44.284